Ips Enterprises Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 12,887,008 | 13,024,429 | −137,421 | -1.0 | 57% |
| 2021 | 29,976,816 | 29,633,875 | 342,941 | -1.0 | 68% |
| 2022 | 79,131,900 | 74,266,439 | 4,865,461 | 0.4 | 50% |
| 2023 | 107,105,387 | 105,570,702 | 1,534,685 | 0.5 | 44% |
In its most recent public year (2023), this organization brought in $1,534,685 more than it spent. Its reserves stood at about 0.5 months of spending, up from -1 in 2020. Staff pay was 44% of spending. $8,119,730 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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